Maggie And Earl Russel Foundation
- Assets
- $2.6m
- Revenue
- -$74.4k
- Investments
- $2.3m
- Employees
- 0
- Location
- Laguna Beach, CA
- Founding
- 03/1987
- Data as of
- 12/2022
- EIN
- 95-4078318
Organization Overview
Maggie And Earl Russel Foundation is located in Laguna Beach, CA. The organization was established in 1987. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maggie And Earl Russel Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Maggie And Earl Russel Foundation has awarded 28 individual grants totaling $500,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keitha Russell Chief Executive Officer | 1 | $0 | |
Kent Russell Secretary/cfo | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $165 |
| Dividends & Interest | $86,407 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$161,005 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$74,433 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,209 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $18,021 |
| Total operating and administrative expenses | $53,043 |
| Contributions, gifts, grants paid | $166,500 |
| Total expenses and disbursements | $219,543 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $344,128 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $696,136 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,610,747 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Maggie And Earl Russel Foundation has awarded $166,500 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
FOUNDATION THINK AGAIN PURPOSE: TO SUPPORT REHABILITATION THERAPIES TO CHILDREN SEVERELY AFFECTED BY CANCER AND BRAIN TUMORS | $8,000 |
FREE WHEELCHAIR MISSION PURPOSE: TO PROVIDE WHEELCHAIRS TO PEOPLE WITH DISABILITIES IN DEVELOPING COUNTRIES | $5,000 |
ARCS FOUNDATION LA FOUNDER CHAPTER PURPOSE: TO SUPPORT SCHOLAR AWARDS TO ACADEMICALLY OUTSTANDING CITIZENS | $35,500 |
HOAG HOSPITAL FOUNDATION PURPOSE: TO SUPPORT A HOSPITAL WHICH MAKES A TREMENDOUS IMPACT ON THE COMMUNITY | $5,000 |
MURIEL'S ANGELS PURPOSE: TO SUPPORT ORGANIZATION THAT PROVIDES FUNDING FOR THE SPECIAL NEEDS OF CHILDREN WITH PHYSICAL AND MENTAL DISABILITIES | $20,000 |
NET-WORKS LAGUNA BEACH PURPOSE: TO ENABLE NETWORKING PROGRAM THAT CREATES A COMMUNITY OF RELATIONAL NETWORKS IN LAGUNA BEACH | $45,000 |